AGFY - Agrify Corporation Stock Price, Fair Value and News

0.33USD-0.01 (-2.94%)Delayed

Market Summary

USD0.33-0.01

Delayed

-2.94%

AGFY Stock Price

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AGFY RSI Chart

AGFY Valuation

Market Cap

4.7M

Price/Earnings (Trailing)

-0.25

Price/Sales (Trailing)

0.28

EV/EBITDA

-1.09

Price/Free Cashflow

-0.15

AGFY Price/Sales (Trailing)

AGFY Profitability

EBT Margin

-110.55%

Return on Equity

126.78%

Return on Assets

-41.2%

Free Cashflow Yield

-660.88%

AGFY Fundamentals

AGFY Revenue

Revenue (TTM)

16.9M

Rev. Growth (Yr)

-51.46%

Rev. Growth (Qtr)

-8.92%

AGFY Earnings

Earnings (TTM)

-18.6M

Earnings Growth (Yr)

100.99%

Earnings Growth (Qtr)

127.49%

Breaking Down AGFY Revenue

Last 7 days

17.9%

Last 30 days

-10.8%

Last 90 days

-42.1%

Trailing 12 Months

-91.7%

How does AGFY drawdown profile look like?

AGFY Financial Health

Current Ratio

0.58

Debt/Equity

-1.09

Debt/Cashflow

-1.93

AGFY Investor Care

Shares Dilution (1Y)

943.01%

Diluted EPS (TTM)

-13.42

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	38.0M	23.8M	19.9M	16.9M
2022	78.9M	86.4M	77.6M	58.3M
2021	18.1M	26.0M	38.9M	59.9M
2020	0	0	0	12.1M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Agrify Corporation

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 28, 2024	chang raymond nobu	bought	99,999	0.38	263,157	ceo and chairman
Feb 28, 2024	chang raymond nobu	bought	600,000	0.38	1,578,950	ceo and chairman
Feb 28, 2024	chang raymond nobu	bought	700,000	0.38	1,842,100	ceo and chairman
Jan 25, 2024	chan i-tseng jenny	acquired	650,097	1.46	445,272	-
Jan 25, 2024	chang raymond nobu	acquired	-	-	1,335,820	ceo and chairman
Dec 20, 2022	chang raymond nobu	bought	1,500,000	0.65	2,307,690	ceo and chairman
Dec 19, 2022	hua guichao	bought	4,617,870	85.1	54,264	-
Nov 10, 2022	oakes timothy	acquired	-	-	4,167	chief financial officer

Which funds bought or sold AGFY recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	MORGAN STANLEY	reduced	-11.54	-24.00	9.00	-%
May 15, 2024	Tower Research Capital LLC (TRC)	added	71.63	-3,525	3,584	-%
May 15, 2024	Hudson Bay Capital Management LP	sold off	-100	-43,816	-	-%
May 15, 2024	Royal Bank of Canada	added	797	1,000	1,000	-%
May 15, 2024	CITADEL ADVISORS LLC	new	-	6,771	6,771	-%
May 14, 2024	Qube Research & Technologies Ltd	unchanged	-	-1.00	-	-%
May 13, 2024	AXS Investments LLC	sold off	-100	-57,619	-	-%
May 13, 2024	UBS Group AG	unchanged	-	-4.00	2.00	-%
May 13, 2024	HRT FINANCIAL LP	new	-	19,000	19,000	-%
May 10, 2024	BlackRock Inc.	reduced	-13.65	-1,187	404	-%

Are Funds Buying or Selling AGFY?

Are funds buying AGFY calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AGFY

No. of Funds

Unveiling Agrify Corporation's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 29, 2024	chang raymond nobu	49.99%	13,808,945	SC 13D/A
Mar 01, 2024	chang raymond nobu	49.99%	13,808,945	SC 13D/A
Feb 14, 2024	alyeska investment group, l.p.	0%	0	SC 13G/A
Jan 29, 2024	chang raymond nobu	49.99%	11,966,841	SC 13D/A
Jan 29, 2024	chan i-tseng jenny	49.99%	11,609,789	SC 13D
Oct 31, 2023	chang raymond nobu	9.99%	356,772	SC 13D/A
Feb 14, 2023	alyeska investment group, l.p.	9.99%	2,074,000	SC 13G
Dec 30, 2022	chang raymond nobu	11.9%	2,489,585	SC 13D
Nov 03, 2022	beginin marc	9.9%	265,963	SC 13D
Aug 26, 2022	etf managers group, llc	4.85%	1,289,551	SC 13G/A

Recent SEC filings of Agrify Corporation

View All Filings

Date Filed	Form Type	Document
May 16, 2024	8-K	Current Report
May 16, 2024	NT 10-Q	NT 10-Q
Apr 29, 2024	10-K/A	Annual Report
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading

Peers (Alternatives to Agrify Corporation)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CAT	176.0B	67.0B	-0.57%	65.92%	15.65	2.63	8.59%	58.17%
GE	175.0B	69.5B	2.71%	53.73%	49.85	2.52	16.04%	-60.91%
CMI	39.1B	34.0B	-1.97%	33.06%	18.95	1.15	12.85%	-19.64%
AME	38.6B	6.7B	-6.32%	12.86%	29.28	5.73	7.11%	10.53%
ACM	12.2B	15.3B	-3.16%	12.28%	-885.03	0.79	13.36%	-103.70%
MID-CAP
APG	9.8B	6.9B	-3.29%	52.06%	57.15	1.42	3.19%	62.26%
FLR	6.6B	15.5B	-3.16%	34.99%	21.56	0.42	7.53%	3145.00%
FLS	6.5B	4.4B	8.65%	40.81%	27.89	1.48	17.31%	1.26%
ACA	4.2B	2.4B	12.71%	24.81%	29.5	1.79	4.48%	-49.27%
ALG	2.3B	1.7B	-5.99%	7.81%	17.35	1.37	8.96%	15.52%
SMALL-CAP
AMRC	1.4B	1.4B	46.91%	-37.28%	24.47	1.02	-13.54%	-25.70%
AGX	872.9M	573.3M	9.79%	57.95%	26.98	1.52	26.00%	-2.24%
NKLA	732.5M	35.8M	-15.62%	-26.90%	-0.78	20.44	-27.93%	-18.06%
AMSC	430.6M	135.4M	17.93%	212.03%	-26.25	3.18	-25.90%	65.37%
ADES	247.8M	100.1M	1.25%	441.48%	-30.37	2.47	2.80%	39.07%

Agrify Corporation News

Latest updates

Agrify Corporation Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1
Revenue	-8.9%	2,859,000	3,139,000	5,066,000	5,804,000	5,890,000	7,019,000	19,329,000	26,021,000	25,275,000	15,751,000	11,825,000	7,008,000	4,353,000	2,813,000	3,908,000	1,013,000
Gross Profit	178.9%	2,716,000	974,000	600,000	988,000	-33,461,000	-4,116,000	1,612,000	4,170,000	5,627,000	-380,000	527,000	-540,000	-290,000	-199,000	1,018,000	41,000
Operating Expenses	-24.6%	4,188,000	5,552,000	5,944,000	8,572,000	27,022,000	27,431,000	93,145,000	13,933,000	18,974,000	9,422,000	5,955,000	5,956,000	3,854,000	2,386,000	3,456,000	3,490,000
S&GA Expenses	-581.3%	-3,908,000	812,000	4,819,000	6,931,000	-9,601,500	2,160,000	19,378,000	9,759,000	-12,399,000	7,705,000	4,399,000	4,458,000	2,892,000	1,937,000	2,713,000	2,290,000
R&D Expenses	-11.3%	431,000	486,000	643,000	735,000	1,910,000	1,747,000	2,438,000	2,084,000	1,442,000	827,000	774,000	882,000	962,000	449,000	743,000	1,200,000
EBITDA Margin	71.9%	-1.10	-3.92	-5.79	-5.46	-3.33	-1.90	-1.11	-0.30	-0.52	-0.81	-0.96	-1.22	-1.80	-	-	-
Interest Expenses	19.8%	-291,000	-363,000	-400,000	-799,000	-1,345,000	-4,654,000	-3,311,000	559,000	6,000	45,000	55,000	-32,000	-342,000	-103,000	-41,000	5,000
Income Taxes	-	-	-	-	-	285,000	-	-62,000	-200,000	-	-	-	-	-	-	-	-
Earnings Before Taxes	127.6%	578,000	-2,092,000	-6,807,000	-10,327,000	-57,791,000	-57,412,000	-74,663,000	1,581,000	-13,249,000	-9,772,000	-5,436,000	-3,843,000	-13,028,000	-2,688,000	-2,479,000	-3,444,000
EBT Margin	71.4%	-1.11	-3.87	-5.57	-5.26	-3.23	-1.85	-1.11	-0.34	-0.54	-0.82	-0.96	-1.22	-1.79	-	-	-
Net Income	127.5%	575,000	-2,092,000	-6,805,000	-10,327,000	-57,937,000	-57,413,000	-74,604,000	1,780,000	-13,244,500	-9,758,000	-5,636,000	-3,843,000	-13,055,000	-2,705,000	-2,444,000	-3,413,000
Net Income Margin	71.5%	-1.11	-3.88	-5.57	-5.26	-3.23	-1.85	-1.11	-0.34	-0.54	-0.83	-0.97	-1.22	-1.79	-	-	-
Free Cashflow	64.8%	-5,034,000	-14,305,000	-2,166,000	-9,528,000	-14,133,000	-6,431,000	-24,988,000	-34,603,000	-11,276,000	-6,154,000	-7,518,000	-7,421,000	-4,092,000	-2,851,000	-3,996,000	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet													(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Assets	5.1%	45,270	43,065	45,444	50,632	69,687	110,045	171,213	264,475	182,048	159,298	163,460	161,492	21,839
Current Assets	13.2%	24,009	21,205	22,549	25,672	44,893	63,690	118,405	147,618	86,736	132,865	143,338	158,137	18,640
Cash Equivalents	179.2%	430	154	308	1,476	10,457	2,151	18,608	25,205	12,014	44,746	79,841	137,887	8,111
Inventory	7.7%	19,094	17,724	18,736	19,995	21,396	41,791	41,871	38,989	20,498	10,109	9,358	8,500	5,170
Net PPE	-7.8%	7,734	8,385	9,123	9,658	10,044	13,208	11,932	7,055	6,232	4,189	1,836	965	873
Goodwill	-	-	-	-	-	-	-	-	54,544	50,090	632	632	632	632
Liabilities	-6.7%	59,980	64,306	65,118	67,571	78,728	80,364	87,991	107,603	44,624	24,623	21,632	15,441	28,293
Current Liabilities	-0.3%	41,249	41,372	39,816	39,885	70,602	72,835	40,529	41,169	43,590	23,006	19,895	14,163	27,029
Long Term Debt	-15.5%	16,047	18,998	19,152	22,554	407	480	39,867	35,697	12.00	833	833	831	829
LT Debt, Current	-32.8%	766	1,140	1,424	2,084	28,833	31,814	4,079	2,281	1,089	-	-	-	-
LT Debt, Non Current	-15.5%	16,047	18,998	19,152	22,554	407	480	35,788	35,697	12.00	833	833	831	829
Shareholder's Equity	-Infinity%	-14,710	-	-	-	-9,041	29,681	83,222	156,872	137,424	134,675	141,828	146,051	-
Retained Earnings	0.2%	-265,800	-266,374	-264,282	-257,475	-247,148	-189,212	-131,799	-57,195	-58,975	-45,714	-35,956	-30,320	-26,510
Additional Paid-In Capital	2.4%	250,855	244,898	244,373	240,304	237,875	218,523	214,652	213,701	196,034	179,991	177,373	176,160	19,827
Shares Outstanding	3.0%	1,701	1,651	1,623	1,364	1,038	130	133	123	111	90.00	102	58.00	21.00
Minority Interest	-1.3%	230	233	233	231	231	370	369	366	365	378	392	192	225
Float	-	-	-	5,643	-	-	-	-	-	-	-	226,201	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1
Cashflow From Operations	64.8%	-5,034	-14,306	-2,165	-9,469	-14,001	-7,529	-19,616	-30,875	-12,592	-3,720	-6,558	-7,279	-4,059	-2,825	-3,978	-3,920
Share Based Compensation	0.4%	527	525	752	859	781	1,645	940	953	-	-	-	-	-	-	-	-
Cashflow From Investing	-100.4%	-61.00	13,877	1,563	9,795	1,818	25,502	-16,272	-13,365	-20,057	-32,818	-51,723	-142	-33.00	-22.00	-18.00	-1,155
Cashflow From Financing	1853.1%	5,371	275	-566	-9,307	20,489	-34,430	-709	87,431	-83.00	1,443	235	137,197	7,245	5,811	4,779	6,080

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AGFY Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Income Statement [Abstract]

Revenue (including $0, and $2,417 from related parties, respectively)

$ 16,868

$ 58,259

Cost of goods sold

11,590

90,054

Gross profit (loss)

5,278

(31,795)

General and administrative

19,005

73,354

Selling and marketing

4,134

9,338

Research and development

2,295

8,179

Change in contingent consideration

(1,322)

(2,156)

Gain on disposal on property and equipment

144

Impairment of property and equipment

2,912

Impairment of goodwill and intangible assets

69,904

Total operating expenses

24,256

161,531

Loss from operations

(18,978)

(193,326)

Interest expense, net

(1,853)

(8,750)

Change in fair value of warrant liabilities

4,695

51,461

Loss on extinguishment of long-term debt, net

(4,311)

(38,985)

Other income, net

1,799

1,316

Total other income, net

330

5,042

Net loss before income taxes

(18,648)

(188,284)

Income tax expense

(2)

(23)

Net loss

(18,650)

(188,307)

Income attributable to non-controlling interest

134

Net loss attributable to Agrify Corporation

$ (18,649)

$ (188,173)

Net loss per share attributable to Common Stockholders – basic (in Dollars per share)

^[1]

$ (12.51)

$ (902.19)

Weighted average common shares outstanding - basic (in Shares)

^[1]

1,490,871

208,573

[1]

Periods presented have been adjusted to reflect the 1-for-20 reverse stock split on July 5, 2023. Additional information regarding reverse stock splits may be found in Note 1 – Overview, Basis of Presentation, and Significant Accounting Policies, included elsewhere in the notes to the consolidated financial statements

AGFY Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)
$ in Thousands

Dec. 31, 2023

Dec. 31, 2022

Current assets:

Cash and cash equivalents

$ 430

$ 10,457

Restricted cash

10,000

Marketable securities

460

Accounts receivable, net of allowance for credit losses of $1,887 and $4,605 at December 31, 2023 and 2022, respectively

1,149

1,070

Inventory, net of reserves of $17,599 and $32,422 at December 31, 2023 and 2022, respectively

19,094

21,396

Prepaid expenses and other current assets

3,332

1,510

Total current assets

24,009

44,893

Loan receivable, net of allowance for credit losses of $19,215 and $33,050 at December 31, 2023 and 2022, respectively

11,583

12,214

Property and equipment, net

7,734

10,044

Operating lease right-of-use assets

1,803

2,210

Other non-current assets

141

326

Total assets

45,270

69,687

Current liabilities:

Accounts payable

20,766

20,543

Accrued expenses and other current liabilities

10,655

16,380

Operating lease liabilities, current

599

734

Long-term debt, current

766

28,833

Deferred revenue

4,019

4,112

Total current liabilities

41,249

70,602

Warrant liabilities

1,290

5,985

Other non-current liabilities

147

Operating lease liabilities, net of current

1,394

1,587

Long-term debt, net of current

16,047

407

Total liabilities

59,980

78,728

Commitments and contingencies (Note 16)

Stockholders’ deficit:

Common Stock, $0.001 par value per share, 10,000,000 and 5,000,000 shares authorized at December 31, 2023 and 2022, respectively, 1,701,243 and 1,038,298 shares issued and outstanding at December 31, 2023 and 2022, respectively (1)

^[1]

Preferred stock value

Additional paid-in capital

250,855

237,875

Accumulated deficit

(265,797)

(247,148)

Total stockholders’ deficit attributable to Agrify

(14,940)

(9,272)

Non-controlling interests

230

231

Total liabilities and stockholders’ deficit

45,270

69,687

Preferred A Stock

Stockholders’ deficit:

Preferred stock value

Related Party

Current liabilities:

Related party debt, current

$ 4,444

[1]

Periods presented have been adjusted to reflect the 1-for-20 reverse stock split on July 5, 2023. Additional information regarding the reverse stock splits may be found in Note 1 – Overview, Basis of Presentation, and Significant Accounting Policies, included in the notes to the consolidated financial statements

About Agrify Corporation

Agrify Corporation develops precision hardware and software cultivation and extraction solutions for the cannabis and hemp industry in the United States. The company offers vertical farming units and Agrify Insights Software-as-a-Service software; integrated grow racks and LED grow lights; and non-proprietary products designed, engineered, and manufactured by third parties, such as air cleaning systems and pesticide-free surface protection products. It also provides associated services comprising consulting, engineering, and construction. The company was formerly known as Agrinamics, Inc. and changed its name to Agrify Corporation in September 2019. Agrify Corporation was incorporated in 2016 and is headquartered in Billerica, Massachusetts.

CEO	Mr. Raymond Nobu Chang Jr.
WEBSITE	agrify.com
INDUSTRY	Apparel Manufacturing
EMPLOYEES	136

Agrify Corporation Frequently Asked Questions

What is the ticker symbol for Agrify Corporation? What does AGFY stand for in stocks?

AGFY is the stock ticker symbol of Agrify Corporation. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Agrify Corporation (AGFY)?

As of Fri May 17 2024, market cap of Agrify Corporation is 4.7 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AGFY stock?

You can check AGFY's fair value in chart for subscribers.

What is the fair value of AGFY stock?

You can check AGFY's fair value in chart for subscribers. The fair value of Agrify Corporation is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Agrify Corporation is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AGFY so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Agrify Corporation a good stock to buy?

The fair value guage provides a quick view whether AGFY is over valued or under valued. Whether Agrify Corporation is cheap or expensive depends on the assumptions which impact Agrify Corporation's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AGFY.

What is Agrify Corporation's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, AGFY's PE ratio (Price to Earnings) is -0.25 and Price to Sales (PS) ratio is 0.28. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AGFY PE ratio will change depending on the future growth rate expectations of investors.